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Press Information Bureau

Government of India
Ministry of Steel
15-December-2019 21:13 IST
Dharmendra Pradhan Calls for Greater Synergy Between Academia, Industry and Policy Making
for Realising India’s Aspirations

Union Minister for Petroleum and Steel Shri Dharmendra Pradhan today attended the
CHEMCON 2019, 72nd Annual Session of Indian Institute of Chemical Engineers at Indian
Institute of Technology (IIT), Delhi.

Speaking on the occasion, Shrir Pradhan said, “Innovation cannot be achieved without
having the courage to fail. We must move away from the culture of “status quo”. Any
economy cannot grow by leaps and bounds without the support of innovation driven by its
scientific community.We are moving towards a knowledge based economy. India will be at
the centre of global innovation. The shifts in global economic landscape coupled with India’s
vibrancy is making India, the hotspot of global growth.” He further said “We have ample
intellectual capacity to solve our challenges. IITs are the pride of our country. They are
breeding ground for academic excellence and offer immense opportunities.”

Speaking about Industry 4.0, he said, “Industrial Revolution 4.0 presents immense
opportunity to India. We must own our failures, and become brave innovators.” The Minister
informed that Oil and gas PSUs have set up a fund of Rs. 300 Cr to support startups. ’’I have
even advised PSU companies to support innovation and entrepreneurship by employees,” he
added.

Appealing to the scientific community, he said, “We are a nation of aspirations. Our scientific
community must contribute towards realising aspirations of our youth.”

 
                                                                                                                                                   

While interacting with the students, he motivated them to move away from traditional
notions of success and become entrepreneurs to create a better future for themselves and for
our country. Expressing happiness over meeting with the students, Shri Pradhan said,
“There’s so much these youngsters can teach you. Exuberance, energy and the will to succeed
against odds, glad to meet some of the brightest minds in the country.”

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TFK